professional partnerships
A PROACTIVE TEAM APPROACH
Successful business owners understand that the complexities of running a business require integrated support from a coordinated team to achieve the best results. Yet, most owners rarely have the benefit of having all of their financial and legal advisors in the same room, working off the same page, discussing the issues and solutions to help you achieve both your business and personal financial goals.
Can you imagine trying to grow your business while tasking your key employees to create plans without significant communication with each other? It would cause chaos, complications for the owner and result in ineffective plans. However, most owners compartmentalize their outside advisors reducing their effectiveness and increasing the complexity.
That’s why Scott Jones Financial takes a proactive team approach to coordinating with your other advisors. We work as part of your advisory team to develop, implement and manage the various processes affecting your business’ financial affairs. We facilitate this team approach through our Business of Life™ planning process which enables the advisory team to provide input and have access to your comprehensive financial plan and related documents.
SAME PAGE. BETTER RESULTS.
BETTER DECISIONS
Making sure your advisory team is on the same page with recommendations prior to implementation facilitates better decisions.
BETTER DATA
By having the support and buy-in of your entire advisory team, more and better data will be available to enable better decisions.
BETTER RESULTS
Better results are achieved through better decisions, integrated recommendations, and more coordinated support by the advisory team.
A TECHNICAL RESOURCE FOR OTHER ADVISORS
Scott Jones Financial also serves as an independent, confidential resource for other client advisors, including accountants, attorneys, investment advisors, and specialists in the areas of business valuation and real estate.
As a Certified Financial Planner™, Chartered Life Underwriter, and Chartered Financial Consultant, Scott Jones has worked closely with professional advisors throughout his career. His background has given him a deep understanding of your needs and concerns as well as the ability to speak your language in helping you address your clients’ insurance funding and wealth transfer needs.
Services can be provided behind the scenes through your firm, or via direct client interface on a case-by-case basis. Simply put, our goal is to add to your credibility and enhance the relationship you have with your clients.
ADVISOR SERVICES
Fee-based, forensic review and analysis of life insurance contracts, illustrations and pricing decisions
Evaluation of insurance company strength and performance
Fee-based, insurance policy monitoring and management so that policy performance and benefits remain on track and continue to meet the client’s objectives
Litigation support for cases involving life insurance, including opinion letters, reports, recommendations and court testimony
Identification of life settlement options and their probable costs, utilizing the only FINRA-approved process available
Second opinion underwriting consulting to help avoid the risk of being denied coverage or the surprise of receiving an offer that is significantly higher than expected in premium costs
Private briefings for attorneys and accountants on insurance industry issues and standard practices, and Scott Jones Financial’s proprietary process tools
SERVICES FOR ATTORNEYS & LAW FIRMS
When developing and implementing complex financial, tax and legacy strategies for clients, we place high importance in coordinating our efforts with their legal advisors to provide insight during the execution of legal documents. We proactively involve their legal advisors in our process of developing and implementing planning strategies for clients such as:
- Estate Planning including inter-generational issues
- Business Succession Planning
- Life Insurance and other Risk Management Planning Techniques
- Asset Protection Strategies
- Income, Estate and Gift Tax Planning
- Special Needs and Elder Care/Long Term Care Planning
- Charitable Planning Strategies
SERVICES FOR CPAs & ACCOUNTING FIRMS
Many of our planning strategies include tax-sensitive issues. As a result, we place high importance on coordinating our efforts with accounting advisors to provide insight into areas impacting clients’ retirement, financial, business and estate planning issues.
Through our many years of partnering with CPAs, we understand the importance of objectivity, confidentiality, transparency and competency for the engagement in our working relationship. As a result, we are regularly called upon by accountants to provide resources and technical support. As with attorneys, our practice is to proactively involve accounting advisors in the process of developing and implementing strategies for clients. These areas may involve:
- Personal Income Tax Planning
- Business/Corporate Income Tax Planning
- Sale or Purchase of a Closely-held Business including Business Valuation
- Business Succession Planning
- Estate Tax and Liquidity Planning
- Life Insurance Tax Issues
- Complex Insurance Structures
- Buy-Sell and Planning Operating Agreements
- Employee Benefits consulting
Customer Relationship Summary (CRS)
